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Evening Standard
Evening Standard
Technology
Martyn Landi

Elon Musk’s X looking for cash from investors – report

Elon Musk - (PA Wire)

Elon Musk’s social media platform X is in talks with investors over raising cash that would value the site at 44 billion dollars (£34.9 billion), according to reports.

The valuation is the same price Mr Musk paid for the platform in 2022, and would suggest a turn in fortunes for the company, which has seen advertisers and users step away following a string of controversies under Mr Musk’s ownership.

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